News Headlines:  

U.S: Selling accelerated towards the close into the close as traders sold from the top of the channel following the gains over the last few days.

The British economy is back on the way to stronger growth, Chancellor of the Exchequer Gordon Brown told trades unions on Tuesday, but he warned them the Labour government would not cave in to their demands.

British Airways / Intercontinental  - Airline & Hotel stocks may fall on the new SARS outbreak

Woolworths Britain's leading confectionery retailer said a sales improvement seen in its second quarter had continued into the first five weeks of the second half. They reported a narrowing first half losses of 34.9 million pounds down 12 percent on the year-ago period. Confectionary sales fell during the hot summer but that was offset to a certain extent by a rise in outdoor toys etc

Dixons: Just released saying that trading was in line with market expectations

SMG media firm said its first-half profit fell 48 percent to 5.5 million pounds compared with 10.5 million pounds a year earlier. The owner of the Virgin national radio station said it was cautiously optimistic about the second half of the year.

Carillion construction posted a sharp drop in first-half profit to 10.5 million pounds from 17.2 million pounds due to costs related to a transit project, and said it expected full-year profit to be no less than in 2002.Luminar the UK's biggest nightclub operator said its like-for-like sales fell 5.9 percent during the first-half, with an exceptionally hot weather hurting second quarter trading. but was cautiously optimistic of achieving a satisfactory result overall.

Independent News & Media posted higher first-half pre-tax profit on Wednesday and said it was well positioned to meet market consensus forecasts for full-year earnings.

United Kingdom F)inals (I)nterim	United States (Click Flag) All  Times GMT	Europe & World All  Times GMT
Wed 10th Sep Amey Plc, Carillion Plc, Freeport Plc, Hiscox Plc, Mucklow (A & J) Group Plc, Paladin Resources Plc, PizzaExpress Plc, PSD Group Plc, SMG Plc, Spring Group Plc, Sygen International Plc, Coal Plc, Ultimate Leisure Group Plc, Whatman Plc, Woolworths Group Plc Dixons Trading update & AGM		Bouygues (H1), Credit Lyonnais (H1), Vinci (H1), Enel (H1), Heineken (H1) 07:00 German July balance of trade 07:00 German July current account
Ex Dividend: Alliance & Leicester Plc (14.3), Antofagasta Plc (6.8966), Arriva Plc (4.6), Associated British Ports (6.75), Autologic Holdings Plc (3.6), Avesco Plc (3), Avis Europe Plc (1.3), BBA Group Plc (3.2), BFS Small Companies Div-Ord (2.25), Braime (Tf & Jh) (1.8), British Assets Trust Plc-Ord (1.304), British Vita Plc (5.75), Capita Group Plc (1.3), Carpetright Plc (22), Chemring Group Plc (2.55), Chieftain Group Plc (1), Clarkson Plc (7), Colefax Group Plc (2.06), Communisis Plc (1.613), Computacenter Plc (2), Courts Plc (4.6), Delta Plc (1.5), Heywood Williams Group Plc (5.25), Itnet Plc (1.33), Intercare Group Plc (2.3), Jardine Lloyd Thompson Group (8.5), Laing (John) Plc-Ord (1), Lavendon Group Plc (2.25), Legal & General Group Plc (1.57), Novar Plc (2.9), Pendragon Plc (3.8), Peterhouse Group Plc (3.5), Portmeirion Group Plc (3.3), Royal & Sun Alliance Ins Grp (2), Second Scottish National-Ord (2), Serco Group Plc (0.72), Southampton Leisure Holdings (3), Stirling Group Plc (1.07), Tolent Plc (2.25), Tomkins Plc (4.6), W.H. Ireland Group Plc (0.5), Wellington Underwriting Plc (0.35), Western Selection Plc (0.52), Wimpey (George) Plc (3.8)
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